Dish TV India Ltd
Incorporated in 1988, Dish TV India Ltd is in the business of providing Direct to Home television and Teleport services[1]
- Market Cap ₹ 621 Cr.
- Current Price ₹ 3.37
- High / Low ₹ 6.55 / 1.82
- Stock P/E
- Book Value ₹ -20.2
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -21.9% over past five years.
- Promoter holding is low: 4.06%
- Contingent liabilities of Rs.1,020 Cr.
- Debtor days have increased from 39.8 to 50.9 days.
- Company's cost of borrowing seems high
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,688 | 2,228 | 1,945 | 2,863 | 3,938 | 1,518 | 1,604 | 1,384 | 1,110 | 815 | 588 | 466 | |
| 1,952 | 1,784 | 1,579 | 2,711 | 3,460 | 940 | 884 | 780 | 784 | 724 | 659 | 582 | |
| Operating Profit | 736 | 444 | 366 | 152 | 478 | 578 | 720 | 604 | 326 | 91 | -72 | -117 |
| OPM % | 27% | 20% | 19% | 5% | 12% | 38% | 45% | 44% | 29% | 11% | -12% | -25% |
| 55 | 78 | 69 | 147 | -1,592 | -1,766 | -514 | -2,642 | -2,060 | -611 | -17 | -386 | |
| Interest | 175 | 86 | 100 | 149 | 251 | 338 | 302 | 269 | 257 | 258 | 260 | 262 |
| Depreciation | 614 | 59 | 78 | 206 | 320 | 312 | 285 | 236 | 193 | 42 | 45 | 37 |
| Profit before tax | 1 | 377 | 258 | -56 | -1,686 | -1,838 | -380 | -2,542 | -2,184 | -820 | -394 | -801 |
| Tax % | 0% | -11% | 35% | -159% | -24% | -24% | 78% | -5% | -7% | 63% | 0% | 0% |
| 1 | 420 | 168 | 33 | -1,289 | -1,394 | -678 | -2,422 | -2,030 | -1,338 | -394 | -801 | |
| EPS in Rs | 0.01 | 3.94 | 1.57 | 0.18 | -7.00 | -7.57 | -3.68 | -13.16 | -11.02 | -7.27 | -2.14 | -4.35 |
| Dividend Payout % | 0% | 0% | 0% | 0% | -7% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -14% |
| 5 Years: | -22% |
| 3 Years: | -25% |
| TTM: | -21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -6% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -28% |
| 5 Years: | -27% |
| 3 Years: | -38% |
| 1 Year: | -40% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 107 | 107 | 107 | 184 | 184 | 184 | 184 | 184 | 184 | 184 | 184 | 184 |
| Reserves | -418 | 3 | 171 | 6,548 | 5,151 | 3,759 | 3,082 | 660 | -1,370 | -2,710 | -3,104 | -3,900 |
| 1,484 | 0 | 0 | 148 | 504 | 298 | 85 | 2 | 2 | 2 | 35 | 22 | |
| 1,985 | 1,632 | 1,735 | 4,429 | 4,986 | 5,235 | 5,120 | 4,848 | 4,784 | 5,009 | 5,282 | 5,596 | |
| Total Liabilities | 3,157 | 1,741 | 2,013 | 11,309 | 10,825 | 9,476 | 8,471 | 5,694 | 3,600 | 2,485 | 2,397 | 1,902 |
| 1,453 | 236 | 288 | 6,663 | 4,909 | 2,778 | 1,867 | 940 | 125 | 94 | 104 | 88 | |
| CWIP | 470 | 33 | 22 | 60 | 21 | 5 | 8 | 2 | 2 | 2 | 0 | 0 |
| Investments | 318 | 268 | 303 | 323 | 3,401 | 5,153 | 5,154 | 3,100 | 1,530 | 778 | 595 | 17 |
| 916 | 1,204 | 1,400 | 4,263 | 2,494 | 1,539 | 1,442 | 1,652 | 1,943 | 1,611 | 1,697 | 1,798 | |
| Total Assets | 3,157 | 1,741 | 2,013 | 11,309 | 10,825 | 9,476 | 8,471 | 5,694 | 3,600 | 2,485 | 2,397 | 1,902 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 774 | -105 | 83 | 503 | -619 | 279 | 311 | 164 | 10 | 24 | 19 | ||
| -677 | 9 | 17 | 54 | 185 | -77 | -30 | -80 | -1 | -25 | 8 | ||
| -36 | 1 | 0 | -411 | 235 | -262 | -239 | -90 | -5 | -7 | -24 | ||
| Net Cash Flow | 60 | -96 | 100 | 145 | -199 | -60 | 41 | -5 | 4 | -8 | 3 | |
| Free Cash Flow | 80 | -220 | -33 | 256 | -710 | 210 | 282 | 141 | -4 | 13 | 10 | |
| CFO/OP | 106% | -22% | 45% | 345% | -129% | 49% | 45% | 19% | 10% | 55% | -20% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 9 | 11 | 15 | 16 | 10 | 16 | 16 | 18 | 26 | 24 | 45 | 51 |
| Inventory Days | 0 | |||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 9 | 11 | 15 | 16 | 10 | 16 | 16 | 18 | 26 | 24 | 45 | 51 |
| Working Capital Days | -419 | -140 | -144 | -71 | -390 | -1,291 | -1,141 | -1,241 | -1,521 | -2,160 | -3,207 | -4,301 |
| ROCE % | 15% | 72% | 185% | 3% | 4% | 8% | 15% | 24% |
Insights
In beta| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Active Subscriber Base Million |
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| Average Revenue Per User (ARPU) INR |
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| Total Channels and Services Number |
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| Distribution Network - Dealers/Recharge Outlets Number |
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| Monthly Churn Rate % |
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Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
8h - Balveer Singh appointed Company Secretary and Compliance Officer from June 1, 2026; Ranjit Singh resigns May 31, 2026.
-
Announcement under Regulation 30 (LODR)-Change in Management
8h - Dish TV appoints Balveer Singh as Company Secretary from June 1, 2026; Ranjit Singh resigns effective May 31.
-
Announcement under Regulation 30 (LODR)-Change in Management
8h - Dish TV re-appointed Chandra Wadhwa & Co. as cost auditor and S M A M & Co. as internal auditor for FY2026-27.
- Annual Audited Financial Results For The Fourth Quarter And Financial Year Ended March 31, 2026 9h
-
Earning Release
9h - Dish TV reported Q4 FY26 and FY26 results; VZY Smart TV sales crossed ₹100 crore.
Annual reports
-
Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
-
Financial Year 2011
from nse
Business Overview:[1]
DTVIL provides direct-to-home (DTH) entertainment service through its DTH brands – DishTV, d2h, and Zing Super. It used to be a provide Pay-TV service and is now a full-fledged entertainment provider